Current State:
Before recent Backlog Modal UI changes, the static text comments could be displayed in font size smaller than in Selectbox or other functional Tracker fields, using the <small> HTML tag. Now, the Backlog modal ignores smaller font size and makes comments occupy way too much visual space (see attachment 'Backlog Modal').
This is a major UX/UI impediment.

Desired state 01:
Make <small> HTML tag Great Again!

Desired State 02:
Do not sanitize added HTML tags and css styles in static text field after re-opening for edit.
Example:
a) <p style="color: red;"> I'm static Text and I will be red on save</p>

after re-opening for editing, the Field forgets stylng and custom HTML tags

b) <p> I'm static Text and I will be red on save</p>
(See attachments: Static Text with Style HTML, Static Text has been styled, and Static Text Re-opened for editing )